Ian Stannard
Ian Stannard
Ian Stannardis an English track and road racing cyclist for UCI ProTour team Team Sky...
comments economy european growth helped improving inflation raised rate requires thinks
They've raised their inflation and growth forecasts, which suggests that the ECB thinks the European economy is improving and requires more rate hikes. These comments have helped the euro.
continue inflation market peak quite rates soft
If we see inflation to continue to come in on the soft side, then the market will intensify its speculation that the peak in U.S. rates is quite close.
concerned fed interest market possible rate whether
The market is still concerned about the interest rate and whether the Fed is on a possible pause.
anywhere dollar driving evidence faster force points recovery states united
The dollar is still the driving force as all the evidence points to a faster recovery in the United States than anywhere else,
adds allow asian banks central impression interest prepared raise strength ultimately
This adds to the impression that Asian central banks are going to be prepared to raise interest rates, and ultimately allow more strength in their currencies.
assuming couple decline euro hiking market next open rates
The market is assuming that the ECB won't be hiking rates in the next couple of months. The way is open for the euro to decline further.
across coming dollar following pressure
The dollar is coming under pressure across the board, following the FOMC because of the dissenter,
building coming comments euro hike likely rate regarding seeing start top
Speculation regarding a ECB rate hike is likely to start building further, especially coming on top of the more hawkish comments we have been seeing from the ECB officials, so that will be euro supportive,
dollar failure market meet peak perception putting rates reinforce renewed
Failure to meet market expectations here will reinforce the market perception that the peak in US rates is clear, putting the dollar under renewed pressure.
auction bond dollar foreign level market renewed thus
Expectations in the bond market have been high, thus any disappointment over the auction (particularly with the level of foreign participation) could put the dollar under renewed pressure.
biggest dollar factor gold negative oil pressure prices putting rise sentiment turning
The sentiment is turning dollar negative -- probably the biggest factor putting the dollar under pressure is the rise in oil prices and rise in gold prices.
coming news putting quite
There is quite a lot of news coming out of Japan, which I think is putting the yen under some weakness.
mandate outright reform strong victory
The reform mandate is probably not going to be as strong as it would have been under an outright victory by Merkel.
carry central drained driver excess global next year
We think next year will be a very different story as excess global liquidity, the driver for carry trades, is drained by central banks.